Cash Price of Primary Indian Nickel Shifts Up 3.0%

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The Indian nickel cash price saw a 3.0 percent increase on Wednesday, May 8, making it the biggest mover for the day.

On the LME, the 3-month price of nickel increased 0.5 percent to $15,040 per metric ton. At $14,960, the nickel spot price finished the market day on the LME up 0.4 percent per metric ton.

today's metal prices - MetalMiner IndXChinese 304 and 316 stainless steel coil and scrap prices closed flat for the day. The price of Chinese ferro-chrome was unchanged. For the fifth day in a row, the price of Chinese ferro-moly remained essentially flat.

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